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ANY

Sphere 3D Corp. NASDAQ Capital Market
$2.14
Open: $2.15 High: $2.29 Low: $1.97 Close: $2.05
Range: 2021-04-19 - 2021-04-20
Volume: 536,117
Market: Closed
Powered by Finage Stock APIDelayed data
ANY
Sphere 3D Corp. 240 Matheson Boulevard East Mississauga ON, L4Z 1X1 http://www.sphere3d.com
Sphere 3D Corp is a technology development company. It delivers containerization and virtualization technologies along with data management products that enable workload-optimized solutions.
  • CEO: Eric L. Kelly
  • Employees: 388
  • Sector: Technology
  • Industry: Application Software
ANY News
Latest news about the ANY
  • Sphere 3D Reports Fiscal Year 2020 Financial Results

    Toronto, Ontario--(Newsfile Corp. - April 8, 2021) - Sphere 3D Corp. (NASDAQ: ANY), a company delivering containerization, virtualization, and data management solutions, today reported financial results for its year ended December 31, 2020. Fiscal Year Financial Results:Our results for fiscal year 2020 were as follows:Net revenue for 2020 was $4.8 million, compared to $5.6 million for 2019.Gross margin for 2020 was 46.4%, compared to 33.2% for 2019.Operating expenses for 2020 were $8.2 million, compared ...

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  • Sphere 3D Receives Letter of Reprimand from NASDAQ

    Toronto, Ontario--(Newsfile Corp. - February 23, 2021) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company") announced today that the Company was notified by The Nasdaq Stock Market LLC ("Nasdaq") that the Nasdaq Listing Qualifications Staff issued a public letter of reprimand to the Company based upon the Company's failure to comply with the Listing Rule 5620(c) (the "Quorum Rule") during the period of time that it was no longer a foreign private issuer ...

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  • Rainmaker Worldwide Expands its Water-as-a-Service Business Following the Termination of Share Purchase Agreement with Sphere 3D Corp.

    RAKR prepares to list on the OTCQB® as it explores a greater range of clean water solutions. Peterborough, CA, Feb. 16, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Rainmaker Worldwide Inc. (OTC: RAKR) (“Company” or “Rainmaker”) announced today that the previously announced definitive Share Purchase Agreement (“the Agreement”) with Sphere 3D Corp. (NASDAQ: ANY) for the acquisition of Rainmaker Holland BV, a wholly owned subsidiary of RAKR, has been terminated. Despite both parties’ best efforts, it became apparent that all requirements, including regulatory approvals could not be completed within the timeline acceptable to both parties. No break-fee or termination costs were paid by either party. Effective immediately, Rainmaker is expanding its Water-as-a-Service (WaaS) offering by exploring a wider spectrum of clean water solutions to fulfill its active WaaS contracts and bring more projects in its pipeline to fruition. Rainmaker transitioned to a WaaS business model in January 2020 and customers now receive a competitive per liter cost with no CAPEX or operational burdens, lifting the financial barriers many clients have discovered when vetting alternative options. The Company’s new WaaS model has proven to secure several client and joint venture agreements this past year including a bottling operation in The Bahamas, an on-site water production at Jamaica’s Northern Caribbean University, and supplying water solutions to three large Turks and Caicos Islands’ community developments which will be executed in cooperation with Sphere 3D. These commitments, along with others both current and forecasted, drive Rainmaker to continually evolve and source new and innovative water solutions that will provide safe water to more water scarce regions around the world. “Over 2 billion people globally lack safe drinking water,” said Rainmaker CEO Michael O’Connor. “And estimates show that by 2030, nearly 50 percent of the world’s population will live in severe water stress. After witnessing the furthering detrimental effects the pandemic has had on global water security, Rainmaker’s commitment to provide a greater range of fresh water solutions through our WaaS model is stronger now more than ever.” As Rainmaker explores new affordable and sustainable water solutions, the Company is exploring the process to list on the OTCQB® with its 2018-2019 audits completed and 2020 underway. Transitioning from OTC Pink® to the next level of trading opens a door to attract a greater pool of investors and offers greater financial transparency for its shareholders. Additionally, the Company has moved to strengthen its governance and is actively looking to recruit more board members according to OTCQB® requirements and standards. Mr. O’Connor stated, “Rainmaker has always been built upon strong global leadership and networks. With our Water-as-a-Service model taking off, and as we work to list on the OTCQB®, we are seeking exciting possibilities of potential board members who can contribute invaluable expertise within the water sector and business growth." About Rainmaker Worldwide Inc. Rainmaker Worldwide Inc. (OTC: RAKR) is a leader in affordable water solutions through a Water-as-a-Service business model. Headquartered in Peterborough, Canada, with an innovation and manufacturing center in Rotterdam, Netherlands, the Company provides economical drinking water at scale wherever it’s needed. Rainmaker was recognized as the Best Community Impact Water Solutions Global 2020 by Capital Finance International. For more information about Rainmaker, visit www.rainmakerww.com. Forward-looking Statements Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Rainmaker’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Rainmaker’s undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Investor Contact Rainmaker Worldwide Inc. Michael O’Connor Executive Chairman and Chief Executive Officer info@rainmakerww.com

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  • Sphere 3D and Rainmaker Worldwide Terminate Agreement to Acquire Rainmaker Water Technology and Service Provider Agreements

    Toronto, Ontario--(Newsfile Corp. - February 16, 2021) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D") announced today that the previously announced definitive Share Purchase Agreement (the “Agreement”) for the acquisition of Rainmaker Holland BV (“Rainmaker Holland”), a wholly-owned subsidiary of Rainmaker Worldwide Inc. (OTC: RAKR) has been terminated. No break-fee or termination costs were paid by either party.“We have been working towards a transaction for quite some time now to acquire ...

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  • Sphere 3D Provides RHBV Acquisition Update

    Toronto, Ontario--(Newsfile Corp. - January 19, 2021) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company") announced the following update of its previously announced agreement to purchase Rainmaker Holland BV ("RHBV").The Company and RHBV are in the process of satisfying the customary closing conditions pursuant to the Definitive Share Purchase Agreement (the "Agreement"). These conditions include satisfying the corporate legal requirements for the transfer of the RHBV shares under the laws of The Netherlands and ...

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  • Rainmaker Worldwide Inc. Announces the Strengthening of its Team Following the Sale of its Water Subsidiary Rainmaker Holland BV to Sphere 3D Corp.

    Peterborough, CA, Jan. 05, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire \-- Rainmaker Worldwide Inc. (OTC: RAKR) (“The Company”) announces it will continue to expand its focus on commercializing Environmental, Social and Governance (“ESG”) technologies following the completed sale of its water subsidiary Rainmaker Holland BV to Sphere 3D Corp. (NASDAQ: ANY) (“Sphere 3D”). The transaction is expected to close in less than 10 days. The acquisition was announced on January 4th and will transition the Rainmaker brand under Sphere 3D. RAKR will continue to pursue value creation for its shareholders by leveraging its institutional and market knowledge and asset base.  RAKR will receive a percentage of gross revenue from all Rainmaker operations implemented in Jamaica over the next 4 years. RAKR plans to continue to build global joint venture partnerships and pursue strategic acquisitions of burgeoning technological companies that supports The Company’s vision of a more sustainable future.  The Company’s new chapter will be led by Michael O’Connor, RAKR’s current Executive Chairman who will now assume the role as Interim CEO. Michael Skinner, former CEO becomes Interim CEO of Sphere 3D to ensure a successful transition. Prior to co-founding Rainmaker, Mr. O’Connor was one of the founders of Wind Mobile, now known as Freedom Mobile, which was acquired by Shaw Communications Inc. in 2016 for $1.6 billion. Mr. O’Connor brings over 25 years of expertise in operational, corporate finance, business development and corporate governance to his leadership roles. He has a global track record in business development in Africa, Asia, Europe, and the Middle East having led merger and acquisition projects worth more than $30 billion.RAKR also welcomes Michael Della Fortuna and Dr. Mamdouh Shoukri to RAKR’s Board as independent Directors. Mr. Della Fortuna adds invaluable product and technology development experience to the RAKR board. He is the CEO of Nexeya Canada Inc., which designs, manufactures and supports embedded and stand-alone products for capital intense and mission critical environments. Mr. Della Fortuna is also the current Board Chair of Drone Delivery Canada, a pioneering technology firm with a focus on designing, developing and implementing a commercially viable drone delivery system.Dr. Shoukri is re-joining the RAKR board and brings a life-time of expertise and a specific focus of identifying acquisition targets in the environmental and water technology space. Dr. Shoukri is a world-renowned researcher specializing in thermal-fluid science and has published over 120 scholarly articles in the field. Earlier in his career, he served as the Dean of Engineering at McMaster University and under his guidance led the department to become one of the foremost engineering schools in Canada. Dr. Shoukri recently completed his decade-long tenure as the seventh President and Vice-Chancellor of York University, where he guided York’s transformation into a comprehensive research-intensive university as well as spearheaded hundreds of millions of dollars of capital development projects.  Dr. Shoukri was a founding Board Member of the Ontario Centres of Excellence (OCE) which supports the commercialization of academic intellectual property (IP), industry-academic collaborations and the development and adoption of emerging technologies as well as a member of the Ontario Research and Innovation Council (ORIC).Michael O’Connor, RAKR Executive Chairman and incoming Interim CEO, stated, “I am pleased to lead RAKR through this exciting repositioning and welcome Michael Della Fortuna and Dr. Mamdouh Shoukri to the board as independent and active directors to assist me in fulfilling our mission. Our team will provide substantial value for our shareholders as we refine our directive. Our focus is to continue to expand, RAKR’s founding inspiration and deliver progress for our planet and global communities through innovative technology solutions.”About Rainmaker Worldwide Inc.Rainmaker Worldwide Inc. (OTC: RAKR) has been a leader in technology that produces clean, affordable water. Headquartered in Peterborough, Canada and focused on the commercializing of ESG technology and solutions.  On January 4th 2021, Sphere 3D Corp. (NASDAQ: ANY) announced the acquisition agreement of Rainmaker Holland BV, the core subsidiary of Rainmaker Worldwide Inc. expected to close within 90 days of the announcement subject to all necessary board and regulatory approvals, as applicable. This acquisition presents tremendous growth opportunity providing additional access to capital markets to help solve the global water crisis on a greater scale. Rainmaker Worldwide Inc. was recognized as the Best Community Impact Water Solutions Global 2020 by Capital Finance International.  For more information about Rainmaker, visit www.rainmakerww.com.Forward-looking StatementsCertain matters discussed in this announcement contain statements, estimates and projections about the growth of Rainmaker’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Rainmaker’s undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements.Investor ContactsRainmaker Worldwide Inc. Michael O’Connor Executive Chairman and Chief Executive Officer info@rainmakerww.com

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  • Sphere 3D to Acquire Rainmaker Water Technology and Service Provider Agreements Through Purchase of 100% of Rainmaker Holland BV

    Sphere 3D and Rainmaker Worldwide terminate previously announced Merger Agreement Toronto, Ontario--(Newsfile Corp. - January 4, 2021) -  Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announced that it entered into a definitive Share Purchase Agreement (the "Agreement") for the acquisition of Rainmaker Holland BV ("RHBV" or "Rainmaker Holland"), a wholly owned subsidiary of Rainmaker Worldwide Inc. (OTC Pink: RAKR) ("Rainmaker Worldwide" or "RAKR"). RHBV owns all of the RAKR intellectual property ...

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  • Sphere 3D Reports Third Quarter Fiscal Year 2020 Financial Results

    Toronto, Ontario--(Newsfile Corp. - November 16, 2020) -  Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D"), a company delivering containerization, virtualization, and data management solutions, today reported financial results for its third quarter ended September 30, 2020. Third Quarter 2020 Financial Results:Our results for third quarter 2020 were as follows:Revenue for the third quarter of 2020 was $0.9 million, compared to $1.4 million for the third quarter of 2019.Gross margin for third ...

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  • Sphere 3D Merger Target Rainmaker Worldwide Announced Today the Signing of a Joint Venture with the Carlaw Group Ltd. to Provide Water to Kenya, Senegal, Sierra Leone and Togo

    Toronto, Ontario--(Newsfile Corp. - October 8, 2020) -  Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D") reports that it's merger target,- Rainmaker Worldwide Inc. (OTC: RAKR), today announced a Joint Venture ("JV") with the Carlaw Group Ltd. ("Carlaw"). Carlaw and partners have been operating mission critical infrastructure projects in Africa since 2006. This expertise will complement Rainmaker as it deploys its innovative Air-to-Water technology to bring water on-demand to communities lacking access ...

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  • Rainmaker Worldwide And Sphere 3D Are Taking Advantage Of An Ocean of Opportunity; Technology Can Generate Fresh Water For Millions

    New York, New York--(Newsfile Corp. - October 1, 2020) - Many companies set out to change the world. But other than having a catchy phrase in their tagline, few actually rise to the challenge. One company, though, Rainmaker Worldwide (OTC: RAKR), can make a difference. And, they are embarking on a mission that can not only change the world but can save potentially millions of lives in the process by producing almost limitless amounts ...

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  • Sphere 3D Announces Developments in Rainmaker Merger

    Companies Adjust Merger Exchange Ratio to Better Reflect Current Market ValuationsSphere 3D enters into SPA for investment of $3 millionSphere 3D to provide funding to Rainmaker to sustain Rainmaker Growth InitiativesToronto, Ontario and Peterborough, Ontario--(Newsfile Corp. - September 14, 2020) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or "the Company") today announced a number of developments to the Rainmaker Merger.Sphere 3D and Rainmaker Worldwide Inc. (OTC Pink: RAKR) ("Rainmaker") previously announced that ...

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  • LD Micro - 360 Companies Set to Present this Week

    LOS ANGELES, CA / ACCESSWIRE / August 31, 2020 / LD Micro today announced the final list of companies slated to present at the upcoming LD 500, taking place September 1st-4th, 2020, exclusively online.

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  • Rainmaker and Sphere 3D to Present at LD Micro “LD500” Virtual Conference

    LOS ANGELES, CA / ACCESSWIRE / August 27, 2020 / Sphere 3D Corp.

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  • Former GE Executive Aris Kekedjian to Join Sphere 3D Corp. as Chairman Upon Completion of Rainmaker Transaction

    Brings over 30 years of experience to the Board, having completed numerous multi-billion dollar M&A; transactions as former Head of Corporate Development/Chief Investment Officer of The General Electric Company Toronto, Ontario--(Newsfile Corp. - August 18, 2020) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D") announced today that Aris Kekedjian, the former Chief Investment Officer of The General Electric Company, has agreed to accept an appointment to the board of directors, and ...

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  • Sphere 3D Reports Second Quarter Fiscal Year 2020 Financial Results

    Toronto, Ontario--(Newsfile Corp. - August 14, 2020) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D"), a company delivering containerization, virtualization, and data management solutions, today reported financial results for its second quarter ended June 30, 2020. Second Quarter 2020 Financial Results: Our results for second quarter 2020 were as follows: ...

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  • Sphere 3D Enters Agreement for Acquisition of a Commercial Water-as-a-Service Supplier

    Toronto, Ontario--(Newsfile Corp. - August 4, 2020) - Sphere 3D Corporation (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announced that it has entered into an agreement to acquire 100% of the outstanding shares of 101250 Investment Limited. ("101250"), a Turks and Caicos Islands water partner of Rainmaker Worldwide Inc. (OTC: RAKR). 101250 has exclusive rights to deliver the Rainmaker water solution to three island communities - Plantation Hills, Blue Sky and Village Estates ...

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  • Rainmaker Worldwide Appoints Steve Grasso of CNBC to Advisory Board

    PETERBOROUGH, CA, July 21, 2020 -- via NEWMEDIAWIRE -- Rainmaker Worldwide (OTC:RAKR) announces the appointment of Steve Grasso to the Company’s Advisory Board, effective.

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  • SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Merger of Sphere 3D Corp. with Rainmaker Worldwide Inc. is Fair to ANY Shareholders

    New York, New York--(Newsfile Corp. - July 16, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Sphere 3D Corp. ("Sphere 3D" or the "Company") (NASDAQ: ANY) stock prior to July 15, 2020.You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Sphere with Rainmaker Worldwide Inc. ("Rainmaker") (OTC Pink: RAKR). Under the terms ...

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  • Sphere 3D Announces Acquisition of Rainmaker Worldwide

    Transaction to transform the Company to a Commercial Water-as-a-Service Supplier Toronto, Ontario--(Newsfile Corp. - July 15, 2020) -  Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D") today announced that it has entered into a definitive merger agreement pursuant to which it will acquire all of the outstanding securities of Rainmaker Worldwide Inc. (OTC Pink: RAKR) ("Rainmaker"), a global Water-as-a-Service (WaaS) provider. Upon closing, Sphere 3D's name will change to Rainmaker Worldwide Inc., and its business ...

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  • Sphere 3D Reports First Quarter Fiscal Year 2020 Financial Results

    Toronto, Ontario--(Newsfile Corp. - June 24, 2020) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D"), a company delivering containerization, virtualization, and data management solutions, today reported financial results for its first quarter ended March 31, 2020. First Quarter 2020 Financial Results:Our results for first quarter 2020 were as follows:Net revenue for the first quarter of 2020 was $1.0 million, compared to $2.1 million for the first quarter of 2019.Gross margin for ...

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